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Corporate/Industrial News
Consumers Are Spending Like It's 2019
Shoppers have shifted their spending habits in a postpandemic world, leaving retailers in the lurch. Source link
Dating Apps Put a Hefty Price Tag on Finding Love
Tinder, Bumble and others are introducing higher-priced tiers, betting users will pay up. Source link
FTC Pauses Challenge to Amgen's $27.8 Billion Deal for Horizon Therapeutics
The move gives the agency time to weigh a settlement that would allow the deal to close with conditions. Source link
This Company Created a Return-to-Office Plan That Employees Actually Like
J.M. Smucker is ordering workers to be at its Ohio headquarters for 22 ‘core’ weeks. It is a strategy that may resolve the tug of
Everyone Wants to Talk to Gina Raimondo–Even China
The Commerce Department head tests her expanded reach this weekend. Source link
United Auto Workers Members Vote to Authorize Potential Strike
Workers at the Detroit automakers voted overwhelmingly in favor of a measure that authorizes the UAW leadership to call for a strike as talks continue
Heineken Sells Russia Business…for $1
The deal with Russia’s Arnest Group comes after Moscow seized the local assets of Danish beer rival Carlsberg. Source link
Wagers on the Weather? Insurers Offer a Way for Businesses to Hedge Climate Risks
Parametric insurance, which lets businesses tie their policies directly to weather conditions such as wind speed and flood depth, has garnered interest amid tough conditions
A Startup in the New Jersey Suburbs Is Battling the Giants of Silicon Valley
It’s not just Nvidia. There is another big winner of the AI boom—and it’s now competing with some of the world’s most valuable companies. Source
Dick's Sporting Goods Blames Theft for Profit Woes
The retailer’s second-quarter earnings fell short of expectations and it incurred a fresh round of severance expenses from recent job cuts. Source link